Online Payment Gateway Market Size is Projected to Reach USD 90,431.01 Million by 2025 | Valuates Reports

USA - English

• India - English

BANGALORE, India, Sept. 23, 2020 /PRNewswire/ -- According to the Latest Market Research Report "Online Payment Gateway Market by Type (API/Non-hosted Payment Gateways, Direct Payment Gateways, Hosted Payment Gateways, Local Bank Integrates, Platform-based Payment Gateway, Pro/Self-hosted Payment Gateways), by Application (Large Enterprise, Micro and Small Enterprise, Mid-sized Enterprise), by End User (Banking, Retail, Travel) and Region – Global Forecast to 2025", published on Valuates Reports.The Global Online Payment Gateway Market size is expected to grow from USD 43,491.95 Million in 2019 to USD 90,431.01 Million by 2025 at a Compound Annual Growth Rate (CAGR) of 12.97%. 

Major factors that drive the growth of Online Payment Gateway Market size are the growing eCommerce revenues along with increasing internet penetration, acceptance of contactless payments, and changing consumer preferences.

Get Detailed Analysis of COVID-19 Impact on Online Payment Gateway Market:

https://reports.valuates.com/request/sample/360I-Auto-3L294/The_Global_Online_Payment_Gateway 

COVID-19 EFFECT ON THE ONLINE PAYMENT GATEWAY MARKET SIZE 

The COVID-19 outbreak is expected to have a positive impact on the Online Payment Gateway Market size. Many major Payment Gateway firms are developing new products to meet the emerging need for contactless transactions during the COVID-19 pandemic. Also, since the lockdown, eCommerce sales have increased worldwide, particularly for groceries and health items, even though many retailers are struggling with logistics. 

TRENDS INFLUENCING THE ONLINE PAYMENT GATEWAY MARKET SIZE

Increasing eCommerce sales and growing internet penetration is expected to drive the Online Payment Gateway Market size. Internet connectivity has reached all parts of the globe, and this has strengthened the online shopping industry. The growth of eCommerce is driven by the rapid adoption of smartphones and tablets and internet connectivity through 4G, 5G, and so on. Rising eCommerce transactions are therefore expected to impact the growth of the Online Payment Gateway Market positively.

Rising financial inclusion across the globe is expected to fuel the Online Payment Gateway Market size. Online Payment Gateway will give customers and businesses new ways of conducting personalized, convenient, and scalable transactions with digitization and continuous technological advances.

Merchants worldwide are focused on expanding their businesses in other countries while collaborating with providers of payment services. These collaborations offer the benefit of leveraging the opportunities created by e-commerce globalization and enabling gateway systems to be incorporated into their distribution channels. This increasing collaboration between merchants and payment gateway is expected to increase the Online Payment Gateway Market size.

View Full Report: https://reports.valuates.com/market-reports/360I-Auto-3L294/the-global-online-payment-gateway

ONLINE PAYMENT GATEWAY MARKET SHARE ANALYSIS

North America is expected to hold the largest Online Payment Gateway Market share during the forecast period. This dominance can be attributed to technological advances and significant payment gateway implementations in different end-use segments. Furthermore, the high popularity of mobile commerce in this area is expected to generate market growth opportunities.

Over the forecast period, Asia Pacific is expected to emerge as the fastest-growing regional market. The growth can be attributed to many initiatives undertaken by different governments to develop their countries' online payment infrastructure.

By Region

• Americas,
• Asia-Pacific,
• Europe,
• Middle East & Africa.

Inquire for Regional Data: https://reports.valuates.com/request/regional/360I-Auto-3L294/The_Global_Online_Payment_Gateway 

ONLINE PAYMENT GATEWAY MARKET SEGMENTATION

Based on Type, the Online Payment Gateway Market studied across

• API/Non-hosted Payment Gateways,
• Direct Payment Gateways,
• Hosted Payment Gateways,
• Local Bank Integrates,
• Platform-based Payment Gateways,
• Pro/Self-hosted Payment Gateways.

Based on Application, the Online Payment Gateway Market studied across

• Large Enterprise,
• Micro and Small Enterprise,
• Mid-sized Enterprise.

Based on End-User, the Online Payment Gateway Market studied across

• Banking,
• Retail,
• Travel.

Key Companies:

• Alipay,
• Amazon Payment,
• Net,
• eWAY AU,
• MOLPay,
• Paymill,
• PayPal,
• PayU,
• PesoPay,
• Wirecard.

Buy Now for Single User: https://reports.valuates.com/api/directpaytoken?rcode=360I-Auto-3L294&lic=single-user 

Buy Now for Enterprise User: https://reports.valuates.com/api/directpaytoken?rcode=360I-Auto-3L294&lic=enterprise-user 

SIMILAR REPORTS

• Payment Gateways Market

Major producers in the Payment Gateways Market include PayPal, Alipay, and WorldPay, which accounted for 15.65%, 20.53%, and 10.27% of the market, respectively.

View Full Report: https://reports.valuates.com/market-reports/QYRE-Auto-8A2635/global-payment-gateways 

• Payment Gateway Software Market

View Full Report: https://reports.valuates.com/market-reports/QYRE-Othe-2B361/payment-gateway-software 

• ePayment Gateway Market

View Full Report: https://reports.valuates.com/market-reports/QYRE-Othe-1W358/epayment-gateway

• Payment Gateway Solutions Market

View Full Report: https://reports.valuates.com/market-reports/QYRE-Auto-36A995/global-payment-gateway-solutions

• E-Commerce Payment Gateways Market

View Full Report: https://reports.valuates.com/market-reports/QYRE-Auto-29I2123/global-e-commerce-payment-gateways 

• Nonprofit Payment Gateway Software Market

View Full Report: https://reports.valuates.com/market-reports/QYRE-Auto-19Y2590/covid-19-impact-on-global-nonprofit-payment-gateway-software 

ABOUT US:

Valuates offers in-depth market insights into various industries. Our extensive report repository is constantly updated to meet your changing industry analysis needs. 

Our team of market analysts can help you select the best report covering your industry. We understand your niche region-specific requirements and that's why we offer customization of reports. With our customization in place, you can request for any particular information from a report that meets your market analysis needs.

To achieve a consistent view of the market, data is gathered from various primary and secondary sources, at each step, data triangulation methodologies are applied to reduce deviance and find a consistent view of the market. Each sample we share contains detail research methodology employed to generate the report, Please also reach to our sales team to get the complete list of our data sources

CONTACT US:

Valuates Reports
[email protected]
For U.S. Toll-Free Call  +1-(315)-215-3225
For IST Call  +91-8040957137
WhatsApp : +91-9945648335
Website: https://reports.valuates.com
Twitter - https://twitter.com/valuatesreports
Linkedin - https://in.linkedin.com/company/valuatesreports
Facebook - https://www.facebook.com/valuatesreports

SOURCE Valuates Reports